Page 48 of 48 FirstFirst ... 384445464748
Results 706 to 712 of 712

Thread: Cryto Currency

  1. #706
    Me? Post? Never! Club Member Marty's Avatar
    Join Date
    Jan 2005
    Location
    Wales - Clwyd
    Posts
    2,710
    Feedback
    21 (100%)
    Quote Originally Posted by Sheefa View Post
    I couldn't agree more, extremely sensible. The bottom isn't in. Neo and a few tiny ALTs are the only things I have left, everything else is sitting in TUSD.

    Sent from my SM-G960F using Tapatalk
    Wise move mate. Some alts like neo etc are too hard to ignore at these prices, great little scalps to be made on them as well as scaling in to long term positions
    I had 17 bags in January, sacked them off, bar two, when the bearmarket confirmed late feb time, i just hold btc and a microcap now. There is no liquidity to sell the microcap and my bitcoins came from profit, i should tether them really but these stable coins have always concerned me a little.

  2. #707
    Me? Post? Never! Club Member Style's Avatar
    Join Date
    Jul 2011
    Location
    England - Tyne and Wear
    Posts
    2,633
    Feedback
    6 (100%)
    Anyone seen the whole Bitfinex / Tether carry on that's going on? $850 million lost by Bitfinex and they used Tether to try and mask it.

    May put the legitimacy of Tether up in the air if anyone is holding funds in it.

    https://www.reddit.com/r/CryptoCurre...k_missing_850/
    '96 SZ-R 6 Speed.
    Whifbitz NA-T
    Project Thread Here

  3. #708
    I can post! Club Member
    Join Date
    Nov 2017
    Location
    England - West Midlands
    Posts
    77
    Feedback
    0
    Huge FUD in all exchanges last night due to this; Bitfinex have responded, will need to see how badly this will effect the market short term.

  4. #709
    1.21 Gigawatts Club Member Wez's Avatar
    Join Date
    May 2002
    Location
    England - Berkshire
    Posts
    18,732
    Feedback
    37 (100%)
    Ouch that's gonna sting for some folks.
    Supra: 1996 Silver, Syvecs S6 ECU, 500bhp & 500ft/lbs, 95ron Unleaded
    Porsche: 2002 Black 996TT, Syvecs S8 ECU, 630bhp
    Lexus: 2001 LS430, Toyota 3UZ-FE V8
    Odds: Dyno Plot | Turbos Compared | 2BarTuning | Engine Part Weights
    Steve Manley 01865 291300
    | Garage Clearout |

  5. #710
    I'm addicted now! Club Member
    Join Date
    Aug 2012
    Location
    (Top Secret)
    Posts
    987
    Feedback
    2 (100%)
    And this is why I've never put any money in Tether. It's shady as hell and a lot of the dodgy stuff around USDT had a huge part to play in the last boom. I suspect this will get a lot worse before it gets better.

  6. #711
    Me? Post? Never! Club Member Style's Avatar
    Join Date
    Jul 2011
    Location
    England - Tyne and Wear
    Posts
    2,633
    Feedback
    6 (100%)
    Quote Originally Posted by el_bandido View Post
    And this is why I've never put any money in Tether. It's shady as hell and a lot of the dodgy stuff around USDT had a huge part to play in the last boom. I suspect this will get a lot worse before it gets better.
    Yeah same, it just seems to be getting worse as well. Tether has admitted it isn't backed 1:1 by the USD. They've now claimed 74% but even that's subject to debate. Might cause a sharp increase as everyone bails out of USDT but primarily, it's going to end badly
    '96 SZ-R 6 Speed.
    Whifbitz NA-T
    Project Thread Here

  7. #712
    I'm addicted now! Club Member
    Join Date
    Aug 2012
    Location
    (Top Secret)
    Posts
    987
    Feedback
    2 (100%)
    I'm convinced tether was an attempt to bring fractional reserve banking to crypto.

Page 48 of 48 FirstFirst ... 384445464748

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •